Reported 27 days ago
The U.S. Treasury Department announced on Wednesday that it will not increase auction sizes for notes and bonds through January 2025, aligning with market expectations, while rolling out a $125 billion refunding plan from November 2024 to January 2025. The Treasury stated it will refund approximately $116.4 billion of maturing securities to raise new cash. It will also moderately increase auction sizes for Treasury Inflation-Protected Securities to align with supply and demand dynamics.
Source: YAHOO